Question About Recent Flips in Tacoma

[Pete Perez]

Hello BP,

I have a question about two recent flips that sold in Tacoma WA (about 30 miles from Seattle). I was looking at recent homes that sold and identifying which ones were flips to figure out what investors are paying for flips and what they're selling them for. I had a question on these two properties

To anyone local to the area, is it a matter of neighborhoods being more desirable? Or even to anyone outside of the area with an objective observation?I am trying to figure out what the sales price on these two homes were so drastically different? I provided links to look at the retail photos. 

Thanks,

Pete

Update: I had to upload an image since the table wouldn't copy into the post.

https://www.redfin.com/WA/Tacoma/1725-S-Ainsworth-...

https://www.redfin.com/WA/Tacoma/835-S-Pine-St-984...

[Kevin Hubachek]

the property on S Ainsworth is definately in the hill top / downtown area, a little bit rougher neighborhood.  West of Sprague the properties maybe more likely to cater to more middle income or possibly students of UPS.

I know it seems drastic but if put to a choice, I may live with my family on Pine but would skip on 17th and Ainsworth.

Geographically looks close but there is a great difference in neighborhoods, IMHO.